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00:03SpaceX's Starlink satellite internet network reached a new performance milestone after Elon
00:07Musk said the service can now deliver reliable 10 gigabit per second symmetric upload and
00:12download speeds anywhere in the world. Starlink said it achieved peak speeds of up to 10 gigabits
00:17per second in Utqiagvik, Alaska, and bonded gateways can provide up to 20 gigabits per
00:22second for remote and extreme environments. The announcement follows growth to more than
00:2712 million active users across over 160 countries. The rollout also coincides with SpaceX's proposal
00:34for a third-generation Starlink constellation of up to 100,000 satellites designed to provide
00:40multi-gigabit connectivity for businesses, governments, and AI-powered devices. The
00:45expansion comes as SpaceX raised prices for some Starlink business aviation plans, while
00:50competition increases from Rocket Lab's planned acquisition of Iridium and Amazon's Project
00:54Kuiper internet service, which is expected to begin later this year. SpaceX shares were
01:00down 0.93% to $150.75 during pre-market trading on Tuesday. For all things money, visit Benzinga.com.
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